Now do this for insurance, rent, water, electricity, Cola, gas, etc............. Everything went up by a lot in only the last 3 years. So there is 2
ways of looking at this, increase pay, or let prices reflect reality (which government can't ever let happen).

Now do this for insurance, rent, water, electricity, Cola, gas, etc............. Everything went up by a lot in only the last 3 years. So there is 2
ways of looking at this, increase pay, or let prices reflect reality (which government can't ever let happen).

Now do this for insurance, rent, water, electricity, Cola, gas, etc............. Everything went up by a lot in only the last 3 years. So there is 2
ways of looking at this, increase pay, or let prices reflect reality (which government can't ever let happen).

Right, and those corporation's run to 3rd world, because taxes and regs increase the cost of running a business. As a business man, what would you
do? Bankrupt your business manufacturing within the States (over taxed and regulated) or go where the labor is cheaper? Soon enough you'll get a taste
for the cheap labor. Again, the culprit is government standing in the way, not capitalism.

Perhaps some of the corps run to 3rd world because of regs and taxes. But I bet the cost of goods is the #1 reason for the moves.
All someone has to do is goto Alibaba.com and check the prices of Chinese and Vietnamese made goods and compare them to the store costs. Hint Walmart
is buying shipping containers full of jeans for .25 cents a pound and boots for a few dollars a pair.
It is only about profits, and this is what a corporation is supposed to do. We can't blame them, their only responsibility is to create value for the
share holders.

15 companies giving one time bonuses is nice. And I wonder if the bonuses are structured to increase as years of service increase?

What really needs to happen is pay increases.

NOTES BB&T also raised minimum hourly pay rate from $12 to $15, effective Jan. 1, 2018; Fifth Third Bank also boosted minimum wage to $15 per hour for
all employees; PNC Financial also will raise minimum pay rate to $15 an hour by the end of 2018.

This is a symptom of the real problem. That government is addicted to money and thus must fight deflation with everything they have. As a result,
everything got more expensive. Automation is eliminating jobs, and salaries have been rising slower than costs of living. Unless you believe the Feds
CPI. Or how I call it, CP LIE.

4 pages in and not a word about the credit crisis.... oh wait, even though we the American people (and not our government) have added $15trillion to
our personal debt over the last 9 years, we're still not calling it that are we?

Fools... the lot of you. Left wing, right wing, it doesn't matter. You're all addicted to credit and that is a big part of what is killing our
economy.

Walmart wouldn't be around with their crappy wages if we would stop bottle necking our markets so that more honest businesses could compete...not just
for customers, but for workers. So massive cuts in regulations would solve a host of issues, including the 3rd world problem.

I think if the productivity gains made by US workers would have been shared like they were before the mid 1970's medical coverage-homes-college-dental
work would all be within the average workers grasp. But wages have been stagnated and prices have gone up.

Walmart wouldn't be around with their crappy wages if we would stop bottle necking our markets so that more honest businesses could compete...not just
for customers, but for workers. So massive cuts in regulations would solve a host of issues, including the 3rd world problem.

Some people would say that regs are not being properly enforced. Like regs and laws against monopolistic corporate actions and practices better knows
as anti-trust.

Actually yes, its is a personal record, god darn browser. Regarding your comment, this is only true because you have probably never experienced
deflation (nor have I). Wages do not respond instantly to prices, they lag. When people buy less because they believe prices will go lower, quality of
product would actually get better because they now must compete to get you to spend your $$. When money is everywhere, they can outsource, and reduce
quality. They can afford to, literally. Ford was profitable in Detroit back in the 60-70's, and paying fairly, and employees lived very comfortably. I
know this, cause my father worked for them, we had 2 cars, a house, and a very comfortable life.

Not saying that im right though, but there are different ways of looking at this.

Yeah my grandmothers generation owned 2 houses one in New Jersey and one in the Pocono's on factory jobs. Retired well, pensions until 2008, plenty of
money in the bank account and paid for their kids to start business's and go to college.

Deflation would also effect the product that the workers labor is "building". So I can only imagine that the corps would come to the employees about
costs and reducing hours and raising prices for benefits.

Deflation would also effect the product that the workers labor is "building". So I can only imagine that the corps would come to the employees about
costs and reducing hours and raising prices for benefits.

Nothing happens in a vacuum.

Agreed.

But just like nothing happens in a vacuum, nothing in the world can only go up. Everything that goes up must come down, and everything that has
beginning must have an end. This is true no matter how much we attempt (futilely) to fight this. Stock goes up, must come down, life starts, thus must
end. We can create creative medicine, QE, and various methods to delay the inevitable, but it has to happen. The more we delay it, the stronger the
rebound/blowback is. Inflation must have deflation, prices that go up must come down. The alternative is hyper-inflation and destroying a currency and
then creating a new, thus bringing prices down again. It will happen, just how and when.

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